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Managerial Pay

Federal law requires employers to pay time-and-a-half overtime to hourly workers after 40 hours, and to most salaried workers whose salary is below a certain amount, currently about $35,500 a year

Updated On: 09 Mar 2023 | 1:03 AM IST
Bs_logoYou're promoted as 'manager'. Forget about overtime pay

The provision is part of the amendments to the Companies Act which were cleared by Parliament last month

Updated On: 08 Jan 2018 | 6:13 PM IST
Bs_logoManagerial pay: Stricter norms for defaulting companies, says govt